A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for fraud.
JPMorgan is ‘positive’ on China stocks and ‘constructive’ on real estate as Beijing props up markets
JPMorgan is “positive” on China stocks and “constructive” on its real estate sector as the world’s second-largest economy strives to prop up its equity and property markets.
China’s war drills around Taiwan enter Day 2. Here’s what it means for cross-strait relations
The two-day military drills, which continued on Friday, come just days after Taiwan’s new President Lai Ching-te was sworn in.
‘We have failed economically’: Bhutan turns to ‘Gross National Happiness 2.0’ as crisis deepens
Bhutan’s Prime Minister Tshering Tobgay stated that the country’s approach to GNH is changing on some level because of its economic struggles.
Alibaba’s Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale
Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds.
CNBC’s Inside India newsletter: The secret of the stock market rally
Squirreling away a portion of one’s income for a rainy day would typically be considered prudent behavior. Yet, in India, it’s helping make stocks overvalued.
Former Malaysia Prime Minister Mahathir says he’s ‘not involved in corrupt practices’
Malaysia’s former Prime Minister Mahathir Mohamad said he and his family members were not involved in any “corrupt practices.”
JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’
Dimon said the worst outcome for the U.S. economy will be a “stagflation” scenario, where inflation continues to rise, but growth slows amid high unemployment.
Rollback in IRA’s EV incentives would benefit China, says GM board member
The IRA includes incentives for EV buyers as well as support for carmakers and suppliers to produce all-electric vehicles and their components in North America.
India’s startups are creating more jobs, but more investments still needed to boost employment
More fresh graduates in India are being employed in startups, but more jobs are needed to combat high levels of unemployment, according to Foundit